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Suppose that in a closed economy GDP is $15.02 trillion, consumption is $6.28 trillion, taxes are $4.31 trillion, transfers are $1.48 trillion, and the government
Suppose that in a closed economy GDP is $15.02 trillion, consumption is $6.28 trillion, taxes are $4.31 trillion, transfers are $1.48 trillion, and the government runs a budget surplus of $1.76 trillion. What is the value of national savings based on this information? Provide your answer in trillions and round it to two digits after the decimal. Ex. If your solution is 6.3 trillion, enter 6.30
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